Rents ‘set to rise again’ as increasing numbers of landlords sell up

Residential estate expert at Sherry FitzGerald says a third of its sales are through private landlords exiting the market

17th January, 2021
Rents ‘set to rise again’ as increasing numbers of landlords sell up
Marian Finnegan of Sherry FitzGerald: ‘30 per cent of our vendors are people selling their investment properties’ Picture: Fergal Phillips

Rent inflation will pick back up in 2021 due to the continued exodus of private landlords from the market, a leading real estate expert has forecast.

The cost of rental accommodation has risen to record levels in Ireland in recent years, but rent inflation stagnated during 2020, partly due to an unexpected influx of new properties to the market.

Unused Airbnb and other short-let properties were put up for long-term rental in response to the pandemic, while...

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